Tesla Rises to Record on Hong Kong Orders: Mover
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Tesla Motors Inc. rose to a record closing price today after the company said it has received hundreds of orders for its new Model S sedan in Hong Kong, enough to double the number of electric cars in the city.
The shares gained 4.2 percent to $120.09 in New York. The stock has more than tripled this year, compared with a 15 percent increase for the Russell 1000 Index.